Cantor Fitzgerald notes that Disc Medicine (IRON) had several updates at ASH this weekend, with the biggest focus on updated Phase 1b data of DISC-0974 in myelofibrosis anemia, which the firm argues “look good no matter how you slice it.” It is “encouraging” to see that DISC-0974 has profound effects across all the major patient populations evaluated and that the results are durable, adds the analyst, who has an Overweight rating and $99 price target on Disc shares.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IRON:
- Raymond James Predicts Up to ~440% Rally for These 2 ‘Strong Buy’ Stocks
- Disc Medicine Announces New Equity Sales Agreement
- Disc Medicine Reports Q3 2024 Results and Strategic Progress
- Disc Medicine reports Q3 EPS (89c), consensus ($1.05)
- Disc Medicine Secures $200M Financing for Hematology Pipeline